Boston based investment manager Federated Investors, has recruited a team of three to push its business in the Asia Pacific region.

All three new additions for the Asian push were hired from Phoenix Global Capital Management (Phoenix), a Chicago based cross border asset-management services firm.

Bill Taki has been appointed chief executive officer of Federated Investors Asia Pacific (FIPC). Taki was most recently the principal and CEO of Phoenix Global Capital Management (Phoenix) where he was responsible for the initiation and implementation of asset-management strategies, product development, global marketing, distribution and compliance.

FIPC also named Bill Mukai the managing director and head of Asia-Pacific client relationships, Mukai previously led strategic initiatives involving responsible investments for traditional and alternative asset managers at Phoenix.

Hunting Financial Institutions

Completing the new team is Hun Pil Yoe who joins as managing director for South Korea. He previously served as a consultant with Phoenix and prior to that served as chief executive officer at the futures trading subsidiary of a major South Korean multinational conglomerate.

The new Asian team will focus on the regional distribution of existing Federated investment strategies and growing strategic relationships with financial institutions, the company said in a statement.